Company/Division name | Albemarle |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 300 |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1300 |
City reshored to: | Chester County |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | lithium-ion batteries |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Skilled workforce availability/training, Biden |
Government Incentive dollar amount: | Inflation Reduction Act |